Andrew Detherage, managing partner with Barnes & Thornburg. Courtesy photo Barnes & Thornburg, Driven by Hiring, Grows Revenue Double Digits
People were the engine of the Am Law 100 firm's gains last year, with 34 lateral partners and around 90 lawyers overall joining the firm, said Barnes managing partner Andy Detherage.
March 20, 2024 at 06:03 PM
5 minute read
What You Need to Know
- In addition to revenue, Barnes increased PEP and RPL while growing in both the equity and nonequity tiers.
- 'Our gross revenue growth is really largely driven by the strategic growth of the firm adding additional partners and other lawyers,' Andy Detherage said.
- Barnes stayed 'solid' in corporate work in 2023 and had particular strength in litigation, with mass torts and white-collar as particular drivers.
Even with interest broadly running hot in 2024, don't expect Barnes & Thornburg to announce a merger anytime soon.
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